TR_September_2021_lr

mine which are worth taking a risk on, long-term. Landlords continue to be willing to work with tenants via payment plans and other alternate resolutions so long as the tenant remains engaged in the process. Too often, though, a tenant who knows of the government protections available are simply “riding out” these moratoriums without making best efforts on their end relating to their rent delinquency. With the additional federal unemployment

being allocated and generous rental assistance programs, some of these tenants may have more access to assistance than ever before. But landlords still have underlying mort- gages, taxes, insurance and mainte- nance costs to pay, much of which is increasing by the day. The next logical domino to fall is municipalities that are going to find themselves cash-strapped due to a lack of revenue and will, in turn, undoubtedly raise taxes and add more

red tape to their housing oversight — another roadblock to renters. • 1 The CDC had not yet imposed continuing the moratoriums at the time of this writing.

Matthew Paletz is the CEO of Paletz Law in the Detroit area. He is a leading national advocate and supporter of legislative efforts on behalf of the real

estate industry and has been dedicated to landlord-tenant law since 2003. Matthew is a graduate of the University of Michigan where he earned a B.A. in Communications then earned his J.D. from the University of Detroit Mercy School of Law in 2002.

thinkrealty . com | 79

Made with FlippingBook Online newsletter